Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Banc of America Securities | 8,428.2 | 1 | 22.335 | 8 |
JPMorgan Securities | 5,973.5 | 2 | 15.83 | 6 |
Deutsche Bank Securities | 3,551.49 | 3 | 9.412 | 5 |
Credit Suisse | 3,423.1 | 4 | 9.071 | 4 |
Barclays Capital | 2,544.83 | 5 | 6.744 | 2 |
RBC Capital Markets | 2,531.0 | 6 | 6.707 | 3 |
Goldman Sachs | 2,326.17 | 7 | 6.164 | 3 |
Citigroup Global Markets | 2,107.4 | 8 | 5.585 | 3 |
Morgan Stanley | 2,090.1 | 9 | 5.539 | 2 |
Lehman Brothers | 1,380.67 | 10 | 3.659 | 1 |
Industry Total | 37,735.2 | - | 100.0 | 20 |
Source: ASR Scorecard database |
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The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
6h ago - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26 -
Seven of the loans, 27.7% of the pool balance, are secured by multiple properties or have a component of cross-collateralization, benefitting from greater cash flow stability.
March 26